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One of the largest online casinos on the internet, when looking at visitor numbers, is going to the stock market, but the results will be much worse than expected a couple of weeks ago. The online casinos expected 750 million pounds or even 875 million pounds expected by the brokers, will probably come down between 550 million pounds and 650 million pounds, about 20% less. John Anderson, the online casinos Chief Executive Officer of the Gibraltar based online casino group stated that his online casinos site will sell 97 million shares at 162 pence up to 212 pence a piece. He explained that the IPO values of the company at 715 million pounds, compared with the earlier estimation of 825 million pounds. But he also stated that he still had faith in their position and in their future strategy. The reason for the devaluation of the shares is the fact that the biggest of all online casinos announced a week and a half ago at the 6th of September a decrease in interest in online casinos games because of the huge amount of online casinos and therefore hard competition on the internet, which was immediately followed by a decrease of its own share values, along with the online casino websites. The shares of this online casinos company closed yesterday at an all time record low of one third of their original value at the 6th of September. Nobody wanted to reacted to the disappointment of the decrease of share value of the company who will go to the stock market today, but last Sunday the online casinos spokesperson stated that the company won't cut the valuation or withdraw the float. The announcement at the 6th of September had its influence on all online casinos. To say that the online gambling scene will be less popular is for many hard to understand, since until now the prospects were all more than positive, especially poker is thought to grow even more intensively. The online casinos industry has been growing massively for the last couple of years with no intention to stop. Many online casinos have popped up trying to get a market share of the billion of visitors looking for the right casino to play in. This surprise announcement the shareholders shocked the shareholders even more than the online casinos itself. The value of all the online casinos shares dropped impressively, leaving many astonished shareholders behind play online casino | online currency trading, forex | online sportsbook. It is still not exactly clear if the warning of the online casino is completely true. Of course the online casino business will not grow forever and the competition is growing, but since the number of players is also growing each day, it is not such a threatening process. But in the world of shares it is less important if something if true or not, the real importance lies in the fact if there are people who believe in that specific truth or lie, cause that is what makes the shares go up or drop.
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casino website selections at this gambling portal. One of the famous online casinos on the web signed yesterday an agreement with SmartVideo Technologies to bring its games on the worldwide market of mobile devices. SmartVideo Technologies offers the high quality services for broadcasting live, on-demand television content for mobile video consumers. The contract is an exclusive 2-year agreement, which makes it possible to makes all the online casinos games of this company available for mobile consumers with cell phones, wireless laptops and PDA's. SmartVideo Technologies will receive promotional profits for everyone who will play the online casinos games on their mobile devices. Next to that part of the deal is that the online casinos company has to promote SmartVideo's mobile content offerings to all of its online casinos players on the web and later also to the players on the mobile devices. The company has over one million players on its online casinos website every month, which make this a very profitable deal for SmartVideo. In return SmartVideo will make all online casinos games daily available for mobile consumers in more than 75 different countries, through the distribution platform of SmartVideo. The Chief Executive Officer and founder of the online casinos Eduardo Agami, made clear that he was very excited by the possibility to make all its online casinos games available worldwide on cell phones, Wi-Fi enabled mobile devices, PDA's and wireless laptops. He explains that since poker got so popular in online casinos all over the world, his company has started a new poker game online, which will later on become available for the mobile audience. He stated that Poker is now the hottest thing around, having its own TV-shows on Fox Sports, ESPN and BRAVO. He believes it's not a big step for the television audience to make the jump to the other side of the poker world, from sitting in front of the television screen to being an actual player in online casinos, from a pc or from whatever mobile device they have in reach. The President and Chief Executive Officer of SmartVideo Technologies, Richard E. Bennett, commented on the deal that they made this deal not just with any of the online casinos around, even though they had many to choose from. They specifically choose this one because of its respectable reputation and the high quality online casinos games they offer to their players. He claims that choosing the right partner for the deal was very important for following their business strategy; to do what's right for the audience. It is not the first time that an online gaming company is making its
online casinos games available to mobile devices. More online casinos are going into this direction, seeing the mobile market as a interesting market with possible new players for their games. However the online casinos games of this particular gaming company will be made available to the biggest mobile public until now and with that providing itself with a good market position. |
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